Updated 2 Days Ago
Highlights
- On-site laundry
- Gated property
- Comfortable living space
- Easy access
Location
1405 Martin Luther King Jr Way, Tacoma, WA 98405, USA|New Tacoma
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Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | $995 /mo | 1 unit available | Looking for a cozy, budget-friendly place to call home? This charming 1-bedroom, 1-bath apartment in Tacoma offers a comfortable living space in a classic, well-maintained building — perfect for those who appreciate character and simplicity. **PHOTOS OF A SIMILAR UNIT** Apartment Features: • 1 Bedroom | 1 Bathroom • Comfortable and functional layout • Located in a quaint, older building with classic charm • Gated property for added privacy and security • On-site laundry for convenience Conveniently located in Tacoma with easy access to shopping, dining, and everyday essentials, making daily living easy and accessible. Rent: $995 / month Security Deposit: $900 Pets: $250 Deposit - $50/mo pet rent Utilities: $110 W/S/G (Electricity not included) |
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Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Building details
Property details
| Units | 10 |
|---|
About 1405 Martin Luther King Junior Way
Looking for a cozy, budget-friendly place to call home? This charming 1-bedroom, 1-bath apartment in Tacoma offers a comfortable living space in a classic, well-maintained building — perfect for those who appreciate character and simplicity. **PHOTOS OF A SIMILAR UNIT** Apartment Features: • 1 Bedroom | 1 Bathroom • Comfortable and functional layout • Located in a quaint, older building with classic charm • Gated property for added privacy and security • On-site laundry for convenience Conveniently located in Tacoma with easy access to shopping, dining, and everyday essentials, making daily living easy and accessible. Rent: $995 / month Security Deposit: $900 Pets: $250 Deposit - $50/mo pet rent Utilities: $110 W/S/G (Electricity not included)
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.7
/10
Very Good1405 Martin Luther King Junior Way is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, 1405 Martin Luther King Junior Way is a great option for renters looking for apartments in New Tacoma. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 1405 Martin Luther King Junior Way is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1405 Martin Luther King Junior Way is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 1405 Martin Luther King Junior Way does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
1405 Martin Luther King Junior Way provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1405 Martin Luther King Junior Way compares to other nearby properties.
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.5 miles away
- Lacks images
- Fewer than 5 photos available for this property
- No in-unit dishwasher
- Dishwashers aren't available
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Rent trends in New Tacoma
1-bedroom apartments at 1405 Martin Luther King Junior Way cost about 33% less than the average rent price for 1-bedroom apartments in New Tacoma.
Median rents as of Nov 7 2026.
New Tacoma
Tacoma
| Month | Median Rent |
|---|---|
| November 2024 | $1,335 |
| December 2024 | $1,296 |
| January 2025 | $1,275 |
| February 2025 | $1,261 |
| March 2025 | $1,308 |
| April 2025 | $1,180 |
| May 2025 | $1,197 |
| June 2025 | $1,223 |
| July 2025 | $1,209 |
| August 2025 | $1,194 |
| September 2025 | $1,211 |
| October 2025 | $1,215 |
| November 2025 | $1,204 |
| December 2025 | $1,248 |
| January 2026 | $1,230 |
| February 2026 | $1,210 |
| March 2026 | $1,236 |
| April 2026 | $1,242 |
| May 2026 | $1,204 |
| June 2026 | $1,198 |
| July 2026 | $1,195 |
| August 2026 | $1,199 |
| September 2026 | $1,204 |
| October 2026 | $1,215 |
| November 2026 | $1,195 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,411 |
| December 2024 | $1,377 |
| January 2025 | $1,377 |
| February 2025 | $1,368 |
| March 2025 | $1,354 |
| April 2025 | $1,162 |
| May 2025 | $1,191 |
| June 2025 | $1,257 |
| July 2025 | $1,245 |
| August 2025 | $1,247 |
| September 2025 | $1,254 |
| October 2025 | $1,254 |
| November 2025 | $1,213 |
| December 2025 | $1,260 |
| January 2026 | $1,271 |
| February 2026 | $1,231 |
| March 2026 | $1,265 |
| April 2026 | $1,265 |
| May 2026 | $1,256 |
| June 2026 | $1,243 |
| July 2026 | $1,209 |
| August 2026 | $1,230 |
| September 2026 | $1,231 |
| October 2026 | $1,250 |
| November 2026 | $1,219 |
Affordability calculator
Can I afford to live at 1405 Martin Luther King Jr Way?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$39,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $39,800 annually to afford this 1-bedroom monthly rent price of $995.
For more information on rent affordability, visit our rent calculator.
Schools near 1405 Martin Luther King Junior Way
Stanley Elementary School
1712 s 17th st
tacoma, WA, 98405
PK, K-5Public
B-
Tacoma Special Services
601 s 8th st
tacoma, WA, 98405
PK, K-12Public
Willard Early Learning Center
3201 s d st
tacoma, WA, 98418
PKPublic
Madison Headstart
3102 s 43rd st
tacoma, WA, 98409
PKPublic
Fife Elementary School
5804 20th st e
tacoma, WA, 98424
K-5Public
B-
Neighborhood
New Tacoma | Tacoma, WA
Getting around Tacoma near 1405 Martin Luther King Jr Way
Walking
8/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
4/10
Frequent public transit options are within walking distance.
Points of interest for 1405 Martin Luther King Jr Way, Tacoma
Groceries
8/10
Wide variety of groceries within a few minutes' walk
Shopping
8/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
9/10
Wide variety of cafés within a few minutes’ walk
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
8/10
Wide variety of bars within a few minutes' walk
Explore the area around 1405 Martin Luther King Jr Way
Speed-E Mart
1822 Martin Luther King Jr Way
Safeway
1112 S M St
19th St Grocery & Deli
1750 S Prospect St
Stadium Thriftway
618 N 1st St
Bombay Bazar Lic
3001 6th Ave
Mr Mac Ltd
1124 Martin Luther King Jr Way
T Shirt Men Co
920 Martin Luther King Jr Way
Tacoma Consignment
1120 Broadway
Scott USA
1944 Pacific Ave
Junior League-Tacoma Second
1003 Pacific Ave
Coffee Oasis
1424 Tacoma Ave S
Manifesto Coffee Co
1003 S 11th St
Luv-A-Latte Espresso
1102 Yakima Ave
Hula Girls Coffee Co
1901 Martin Luther King Jr Way
Valiente Coffee Company
1901 Martin Luther King Jr Way
Bar Rosa
1202 S 11th St
Peterson Bros. 1111
1111 S 11th St
The Patio at Alma
1322 S Fawcett Ave Alma Mater
Tower Coffee Bar & Grill
1101 Tacoma Ave S
Bar960
1320 Broadway
Le Donut LLC
1317 S 11th St
Unique Bakery
925 Market St
Tacoma Farmers Market
902 Market St
Corina Bakery
602 Fawcett Ave
Next to Nature
2339 Tacoma Ave S
Lots for Tots
Ferry Park
People's Park
Park
Hilltop Urban Garden (H.U.G. Farm)
Howell James E
1324 Martin Luther King Jr Way
Quickie Too
1324 Martin Luther King Jr Way
The Fish House Cafe
1814 Martin Luther King Jr Way
Bar Rosa
1202 S 11th St
Go Philly
1524 Tacoma Ave S
Yakima Ave S / S 15th St
Sheridan / M St, Yakima
Yakima Ave S / S 15th St
Sheridan / M St, Yakima
St Joseph
Tacoma Dome - St Joseph
Yakima Ave S / S 13th St
Sheridan / M St, Yakima
Earnest S Brazill St / MLK Jr Wy
S 12th St
Tacoma
Amtrak Cascades, Coast Starlight
Tacoma Dome Station
Seattle - Tacoma / Lakewood
South Tacoma Station
Seattle - Tacoma / Lakewood
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